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Author Topic: Bitcoin is it the Future of Banking ?  (Read 5816 times)
chikading2016
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June 30, 2018, 06:55:28 AM
 #241

Bitcoin and bank are almost the same but they are different in feature and ways of earning they don't have similarity but they are both trusted and proven from the past few year until now, so then I believe that bitcoin is not the future of banking but it can also considered as a bank that can also give a return.

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bololord
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June 30, 2018, 07:09:18 AM
 #242

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think the government will not allow this to happen and besides not all the people not know the existence of bitcoin, bitcoin will not replace bank because we used bank over a centuries so no going to happen in the future.
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June 30, 2018, 07:10:51 AM
 #243

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think there is something we all refused to understand bitcoin was never created to take over or challenge fiat I think they both have there function, used bitcoin as a local currency will really cost commotion in the economy becaues it decentralized and all it transactions must involve blockchain not every body can do that.
So I don't I think bitcoin can be used as future banking.
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June 30, 2018, 07:13:21 AM
 #244

its the future of banking because some big banks in the industry are already considering to implement the use of blockchain technology on their system....
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June 30, 2018, 07:19:14 AM
 #245

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think the government will not allow this to happen and besides not all the people not know the existence of bitcoin, bitcoin will not replace bank because we used bank over a centuries so no going to happen in the future.
step by step to happen but this is not to happen quickly to adopt some bank the bitcoin currency cause there is some point that not all people may also have to take this kind of online transaction.
jame kotler
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June 30, 2018, 07:20:11 AM
 #246

Bitcoin will not take over banking but will definitely make banking easier and work hand in hand with banking processes. I doubt it would get rid of banking all together.
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June 30, 2018, 07:21:20 AM
 #247

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
i think n the future bitcoin and banks will be partnerships because it would be a good blast for some investors coz of some new features

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June 30, 2018, 07:28:44 AM
 #248

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
It will never going to happen because there are some countries are not accepted bitcoin and there are many people are against on bitcoin and some people are not totally know the existence of it.
nyerok
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June 30, 2018, 07:29:09 AM
 #249

I think bitcoin won't replaced money, because the goverment won't allow that replacement but we still don't know about the future right
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June 30, 2018, 07:42:05 AM
 #250

Yes currently most users recommend transaction costs as a major issue, but when large volume transactions are considered transaction costs appear low. Users who make big transactions prefer Bitcoin over the bank. Surely it will happen the future of banking. Bitcoin is becoming so popular that it will become the bank of the future so quickly.
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June 30, 2018, 07:43:45 AM
 #251

I think it is already happens now bitcoin can associate with bank through payment transactions but it is already exchange into fiat money.
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June 30, 2018, 07:48:07 AM
 #252

Bitcoin and banks will not be able to work together, I think the bitcoin feature has exceeded the bank but the difference is the uncoupled bitcoin system.
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June 30, 2018, 07:57:27 AM
 #253

its the future but the bank will only trust crypto currency when its regulated or approved by the government so it can be trusted and reliable.

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June 30, 2018, 07:57:52 AM
 #254

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
there is a big possibility that bitcoin will replace money  in all the transaction I believe that bitcoin  and cryptocurrency will be the future currency
Macai
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June 30, 2018, 08:03:48 AM
 #255

Yes, i think so, because there are banks now in the US that doesn't accept paper money already, there are notices outside that says we are Cashless Bank. So what more can we say obviously they are now accepting digital money and since Bitcoin leads the market i think Bitcoin is the most valuable coin to drop in Banks now. And take note we are towards cashless governments so digital money will be a future money.
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June 30, 2018, 08:06:08 AM
 #256

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
I think that is impossible. Because the bank is under the control of the state, it means that what you say can not happen. If the bank keeps Bitcoin but its price drops to its current bottom, the damage is really huge
Erlinda Santiago
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June 30, 2018, 08:16:39 AM
 #257

i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
that woulf be cool because for ste many people will love it and they will trade more what we expected because if that happens bitcoin will now easily deposited or withdraw

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June 30, 2018, 08:25:32 AM
 #258

It takes time to see bitcoin replace the real money. And I guess it will not replace money but as it is now, it serves as your money online. Many countries is not that ready to accept bitcoin and yet, they have a negative insight about bitcoin. They don't know that if you're a good handler of bitcoin, it can secure your daily life and their future of their family. In short, bitcoin can do so much in transactions online but it can't replace the tangible one.



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cedrixperez
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June 30, 2018, 08:29:26 AM
 #259

I doubt bitcoin will be our future banks soon due of bitcoin is decentralized and there will be conflicts if btc would replaced banks, but I believe bitcoin will be one of the center of payment soon cause bitcoin is anonymous people will choose bitcoin payment than banks payments that have many requirements before sending money overseas.
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June 30, 2018, 08:35:05 AM
 #260

Bitcoin may be only suitable for individual payments. This is appropriate for them to invest, hoarding Bitcoin. With a bank that a day trading volume is too large means that if trading at bitcoin prices fall deeply will cause them to suffer heavy losses. What the bank cares about is the technology behind Bitcoin-blockchain
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